HCL Technologies Joins ARM ATAP Program

Expansion of design resources in India strengthens ARM's presence in Automotive, Networking and Consumer Electronics

NEW DELHI, INDIA AND CAMBRIDGE, UK – Dec. 18, 2002 – HCL Technologies (BSE: HCLT), a leading Indian IT services provider, and ARM [(LSE: ARM); (Nasdaq: ARMHY)], the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions, today announced that HCLT has joined the ATAP™ program, the ARM® technology access program. HCL are the 37th Partner to join the program and brings the worldwide engineering resource to more than 3,550 engineers.

HCLT brings significant capability to the program in providing advanced system-on-chip (SoC) design services for customer-specific solutions that are based on the ARM microprocessor architecture. HCLT provides leading-edge solutions for the automotive, wireless, networkin g and consumer electronics markets. It has provided design resources for ARM core-based car navigation systems, body electronics, in-car infotainment and dashboard electronics. The company also has a strong presence in the avionics and handheld devices markets.

"HCL Technologies has experience in the VLSI market and has already worked with ARM technology for a considerable length of time, delivering valuable SoC design services and support to their customers," said David Lewis, ATAP Program manger. "HCLT's membership in the ATAP program will enable us to further explore and realize the full potential of ARM technology in applications such as automotive, wireless, networking and consumer entertainment, where ARM's presence continues to grow."

"The adoption of the ARM architecture as an industry standard is gaining momentum and our customers expect us to provide a wider range of services to support their ARM core-based SoC designs," said Amitava Roy, executive vice president and head of Netcentric Technologies Division, HCLT. " Our partnership with ARM will enable us to meet these expectations by providing the resources to deliver greater value to our customers and reducing their time-to-market."

Technology solutions provided by HCLT also include high-end SoC design, integration and verification, high-speed board and Field Programmable Grid Array (FPGA) design, embedded software and complete system design. HCLT has a large portfolio of in-house IPRs for reusable software components that considerably reduce the time-to-market for prospective designers of ARM Powered® products.

About the ATAP Program
There are currently 37 Partners in the ATAP program, with a resource of more than 3,550 engineers available to work on ARM core-based SoC designs in the ATAP network. ATAP design Partners must go through a strict qualification process to become an ARM Approved Design Center. This includes a design flow audit, training on implementing designs with ARM cores, tools, AMBA® interface peripherals and development techniques. Each Design Center must demonstrate its own unique skills in specific technology domains, as well as end-market expertise. The ATAP program also provides additional benefits such as geographic and time-zone locality and local language support. For more information on the ATAP program, please email info@arm.com or visit the ARM website.

About ARM
ARM is the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions. The company licenses its high-performance, low-cost, power-efficient RISC processors, peripherals, and system-chip designs to leading international electronics companies. ARM also provides comprehensive support required in developing a complete system. ARM's microprocessor cores are rapidly becoming a volume RISC standard in such markets as portable communications, hand-held computing, multimedia digital consumer and embedded solutions. More information on ARM is available at http://www.arm.com.

About HCL Technologies
HCL Technologies, is one of India's preferred leading global IT services and product engineering companies, providing value-added, software-led IT solutions and services to Fortune 100 companies. With gross revenues of US 332.84 million for the year ending June 2002 and a delivery organization with over 6400 professionals, spread across 14 countries, in America, Asia-Pacific, Europe and Japan, HCL Technologies is among the top five software service providers in India.

HCL Technologies focuses on technology as well as R&D outsourcing, with the objective of working with clients in areas at the core of their business. The focus on such mission critical projects and the ability to provide services throughout the lifecycle of client products, from conceptualization to ongoing development and maintenance, enables HCL Technologies to build long-term relationships with customers. Together with its knowledge of embedded systems, core technologies and applications development expertise, HCL Technologies is positioned as a composite solutions provider, equipped to cater to diverse IT needs.

For more information visit the HCLT website at www.hcltech.com

ARM, ARM Powered and AMBA are registered trademarks of ARM Limited. ATAP is a trademark of ARM Limited. All other brands or product names are the property of their respective holders. "ARM" is used to represent ARM Holding plc (LSE: ARM and Nasdaq: ARMHY); its operating company ARM Limited; and the regional subsidiaries ARM, INC.; ARM KK; ARM Korea Ltd.; ARM Taiwan; ARM France SAS; and ARM China.

Disclaimer: Statements in this press release or otherwise attributable to the Company regarding the Company's business which are not historical facts, including those regarding growth in new business, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "will," "can," "expect," "continue," "maintain," "should," "anticipate," "progressing," "believe" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of performance and are inherently subject to risks and uncertainties, none of which can be predicted or anticipated. Many factors could cause the Company's actual results to differ materially from those expressed in the forward-looking statements made by or on behalf of the Company including, without limitation, changes in our operating results, the effect of fluctuations in the economy, the impact of competitive products and services, the availability of qualified resources, the ability of us and our partners to develop and enhance products, and other risks detailed in the Company's Annual Report on Form 10K and other filings with the SEC.